Moonshot AI closes $500 million Series C to fund Kimi-K3 development and expand computing capacity
In brief:
Moonshot AI raises $500 million and now sits on $1.4 billion in cash reserves, giving the Kimi chatbot maker room to develop its K3 model without rushing to IPO.
The article Moonshot AI closes $500 million Series C to fund Kimi-K3 development and expand computing capacity appeared first on The Decoder .
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The Decoder·Research Publication·Academic Source·
Moonshot AI closes $500 million Series C to fund Kimi-K3 development and expand computing capacity
TL;DR
Moonshot AI raises $500 million and now sits on $1.4 billion in cash reserves, giving the Kimi chatbot maker room to develop its K3 model without rushing to IPO.
